Rating: PG-13
imdb: 8.2
Runtime: 109
Theater date
February 2, 2010
Theater gross
$4.3 mil
Genre(s): Crime, Documentary
Movie Homepage
Trailer  | Overview
This documentary explores the financial panic of 2008 and its causes. It delves into the subprime mortgage business and how it played a role in the crash of financial markets, and shows how the political process is closely bound up with reckless practices in the investment banking sector. Conflicts of interest among bond-rating agencies and the companies they cover played a major role, as did the striving for maximum profits by packaging risky mortgages into securities that were then sold to naive or careless investors. When these securities plunged in value, the global financial system was put under great stress; credit dried up, economies slowed, unemployment spread and trillions in capital investments were wiped out. The film reveals that similar dangers have survived to the present day. |
